NRG Yield, Inc. Increases Quarterly Dividend by 4% to $0.39 Per Share
NRG Yield, Inc. (NYSE:NYLD) today announced that its Board of Directors declared a quarterly dividend on the Company’s Class A common stock of 39 cents per share ($1.56 per share annualized) payable on March 16, 2015 to shareholders of record as of March 2, 2015. This represents a 4 percent increase over the fourth quarter 2014 dividend of $0.375 per share (or $1.50 per share annualized) and the fifth consecutive quarter of dividend growth since IPO.
About NRG Yield
NRG Yield owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S., including fossil fuel, solar and wind power generation facilities that provide the capacity to support more than one million American homes and businesses. Our thermal infrastructure assets provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals and governmental units in ten locations. NRG Yield is traded on the New York Stock Exchange under the symbol NYLD. Visit nrgyield.com for more information.
This communication contains forward-looking statements that may state NRG Yield’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “will,” “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG Yield believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally.
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